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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
U.S. Consumers Step Up Spending to Start Fourth Quarter
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Fed Minutes Signal December Rate Increase Likely, but Less Certain Path Next Year
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See How Your Benefits for Corporate Employees Measure Up
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Welcome New ASA Members
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U.S. Department of Labor Announces Initiative to Increase Awareness of Trenching and Excavation Hazards
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Pennsylvania High Court Finds Duty to Safeguard Employee Information
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Oregon Issues Final Rules on Equal Pay Law
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Construction Employment Increases in October
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Job Seekers Increasingly Aware of Employers That Help Repay Student Loans
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Challenges, Strategies in Growing Workforce
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